Kansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013.
The slow-motion car crash, 60 years running, has finally reached its point of no return. Detroit has fiscally fallen. And it's still without serious rail transit to help it.
GATX Corp. Thursday, July 18, 2013, reported higher second-quarter net income of $35.1 million, or 74 cents per share, compared with $23.5 million, or 49 cents per share, in the second quarter of 2012.
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I railroad said Thursday, July 18, 2013.
Following two weeks of digression from a repeating pattern, U.S. freight traffic resumed its standard mix – freight carload traffic down, intermodal volume up – in the latest week ending July 13, 2013, according to the Association of American Railroads.
The Charlotte Area Transit System (CATS) scheduled a groundbreaking ceremony today, July 18, 2013, to mark the start of extending Lynx light rail transit 9.7 miles to the University of North Carolina-Charlotte campus.
Arlington County, Va., board members voted 4-1 Tuesday, July 16, 2013, to support an updated agreement with neighboring Fairfax County to advance the Columbia Pike Streetcar project.
Struggling for years against a hostile sentiment from the state government and some surrounding county organizations, Cincinnati city officials are shrugging off resistance to a proposed initial streetcar line, signing a construction contract with Messer/Prus/Delta Joint Venture to proceed.
Kansas City, Mo., has selected Herzog Contracting Corp., in conjunction with Stacy and Witbeck, Inc. as finalists for a $102 million contract to build the city's initial 2.2-mile streetcar line.
CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents per share, on revenue of $3.0 billion, in the second quarter of 2012.